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NEW YORK ( TheStreet) -- Blackbaud (Nasdaq: BLKB) hit a new 52-week high Wednesday as it is currently trading at $31.08, above its previous 52-week high of $31.04 with 166,368 shares traded as of 11:54 a.m. ET. Average volume has been 172,100 shares over the past 30 days. Blackbaud has a market cap of $1.33 billion and is part of the technology sector and computer software & services industry. Shares are up 9.9% year to date as of the close of trading on Tuesday. Blackbaud, Inc. provides software and related services for nonprofit organizations worldwide. The company has a P/E ratio of 38.3, above the average computer software & services industry P/E ratio of 37.8 and above the S&P 500 P/E ratio of 17.7.